Omnicom Group (OMC) FY2024 results: revenue $15.7 billion, up 6.8% on the year
Omnicom Group Inc. (OMC) reported revenue of $15.7 billion for fiscal 2024, the year ended 31 December 2024, up 6.8% on the year before. Net income was $1.5 billion, up 6.4%, and diluted earnings per share $7.46. The figures are the company's own, from the 10-K it filed with the SEC on 5 February 2025.
Revenue
$15.7 billion
+6.8% on the year
FY2017FY2024
Operating margin
14.5%
14.3% a year earlier
FY2017FY2024
Net income
$1.5 billion
+6.4% on the year
FY2017FY2024
Diluted EPS
$7.46
+8.0% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
1,734
1,422
926
+21.9%
Capital expenditure
141
78.4
78.2
+79.3%
Free cash flow
1,593
1,344
848
+18.6%
Free cash flow margin
10.2%
9.1%
5.9%
Cash from investing
-1,059
79.1
-381
Cash from financing
-582
-1,388
-1,362
Depreciation and amortisation
242
211
219
+14.5%
Share-based compensation
91.4
84.8
81.7
+7.8%
Buybacks
371
571
611
-35.1%
Dividends paid
553
563
581
-1.8%
Dividend per share
$2.80
$2.80
$2.80
0.0%
Diluted shares, weighted
199m
201m
207m
-1.4%
Shares outstanding at period end
196m
198m
203m
-0.8%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
4,194
3,616
3,252
+16.0%
Non-controlling interest
552
609
524
-9.3%
Short-term borrowings
21.3
10.9
16.9
+95.4%
Debt
6,073
5,670
5,612
+7.1%
Operating lease liabilities
814
853
900
-4.5%
Other liabilities
17,966
17,286
16,697
+3.9%
Total liabilities and equity
29,621
28,045
27,002
+5.6%
Goodwill
10,677
10,082
9,734
+5.9%
Intangible assets
522
367
313
+42.3%
Investments
n/a
0.0
60.7
Cash and equivalents
4,339
4,432
4,282
-2.1%
Receivables
9,242
8,660
8,097
+6.7%
Other assets
4,840
4,504
4,515
+7.5%
Total assets
29,621
28,045
27,002
+5.6%
10-K for the year ended 31 December 2024, filed 5 February 2025: the filing.